Thinking Machines Lab, founded in February 2025 by former OpenAI executives Mira Murati, John Schulman, and Lilian Weng, has released Inkling, a 975-billion-parameter open-weight AI model. Supported by a record-breaking $2 billion seed round valuing the startup at $12 billion, the Mixture-of-Experts model features 41 billion active parameters and native multimodal capabilities. Inkling introduces controllable thinking effort to optimize token efficiency and ranks ninth on the Design Arena Agentic Web Dev leaderboard.
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